Question : I am a NRA and own a US LLC. Do I need to complete Form 5472 if the only related party transaction that I have done is to inject equity into the company? If yes what line to I report this transaction?<br/>JA: Have you talked to a tax professional about this?<br/>Customer: no<br/>JA: Anything else you want the Accountant to know before I connect you?<br/>Customer: no
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Answer : According to instructions – see reference above Line 12. Other amounts received. Enter amounts received that are not specifically reported on lines 1 through 11. Include amounts on line 12 to the extent that these amounts are taken into account in determining the taxable income of the reporting corporation. Contributions in your situation are NOT included into calculations of taxable income – so they are not reported here .
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